Personal Property

Pursuant to Section 12-40 (C.G.S.), notice is hereby given that all persons conducting business in the Town of Madison must file with the Assessor’s Office a complete and accurate Declaration of all taxable personal property used in the conduct of your business as of October 1, 2017.

Personal Property Declarations have been mailed out to persons known to be conducting business in the Town of Madison. Whether or not you have received a Declaration, such Declaration must be filed or postmarked (as defined in C.G.S. Sec. 1-2a) no later than Wednesday, November 1, 2017.

With special reference to leased personal property (Sec. 12-57a C.G.S.) state statute requires that the lessee declare to the Assessor’s Office (no later than Wednesday, November 1, 2017), all personal property that is in their possession (on October 1, 2017) that may be leased, borrowed, loaned, stored, or consigned. Failure on the part of any person to file such report, in the form and manner prescribed by law, shall result in a presumption that such personal property is owned by that person possessing it and that person will be assessed any subsequent penalties and tax liability for failure to file.

The Personal Property Declaration for the Town of Madison is available on the Town’s website www.madisonct.org/assessor or in the Assessor’s Office. If you have any questions, please contact the Assessor’s Office at 8 Campus Dr., Madison, CT 06443 or call (203) 245-5652.